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Feb 8, 2013
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america's trade deficit with china felt by quite a bit suggesting strong american manufacturing and exports. now it's good news, but it doesn't gibe with the latest gdp numbers we have showing that the american economy has contracted. so economists are going to have to go back and figure this one out. those discouraging gdp numbers could very well be wrong. >>> a decent day on the markets. it's been a peculiar week this week, a lot of up and a lot of down. linkdn doing well after blowout yesterday. >>> and the power company that provided electricity to the louisiana superdome said it figured out what caused the power outage during the super bowl. it wasn't hackers, beyonce, it was just a bad relay. sometimes the explanation turns out to be a bit routine. a thing-ga-ma-doo quit working. >> fun to think that beyonce blew out all the lightsp. >> scott mcgrew talking about a thing-ga-ma-doo. >> technical term. >>> a live look. beautiful clear skies more or less here over san francisco. this is the clearest it's been all day. so mostly sunny here. let's show you san jose now. oh, yeah, we're sti
america's trade deficit with china felt by quite a bit suggesting strong american manufacturing and exports. now it's good news, but it doesn't gibe with the latest gdp numbers we have showing that the american economy has contracted. so economists are going to have to go back and figure this one out. those discouraging gdp numbers could very well be wrong. >>> a decent day on the markets. it's been a peculiar week this week, a lot of up and a lot of down. linkdn doing well after...
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Feb 11, 2013
02/13
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> reporter: while some of the president's most prominent items fallwell below the economy in budget deficits, among americans' top concerns, mr. obama is expected to cast them in economic terms as well, citing among other things, the benefits of attracting the world's best minds. the president's tone will matter, too, as he faces a choice between confrontation and compromise. >> he can continue the approach he's taken, which is very much an outside game, pressure the congress, turn up the heat. or he can go for a more conciliatory approach in this speech. >> reporter: the president will follow up his speech by taking his state of the union message on the road. he has three stops after the speech. they are asheville, north carolina, atlanta, georgia, winding down in his hometown of chicago. >> thank you, peter. we want to remind everyone, nbc news will have live coverage of the state of the union address tuesday at 9:00 eastern. >>> gunfire erupted on new orleans' famed bourbon street overnight, wounding four people and sending mardi gras revelers running for cover. police said the shooting f
> reporter: while some of the president's most prominent items fallwell below the economy in budget deficits, among americans' top concerns, mr. obama is expected to cast them in economic terms as well, citing among other things, the benefits of attracting the world's best minds. the president's tone will matter, too, as he faces a choice between confrontation and compromise. >> he can continue the approach he's taken, which is very much an outside game, pressure the congress, turn up...
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Feb 8, 2013
02/13
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today we'll get more data on the economic front on the trade deficit and wholesale trade. the dow losing 42 points to 13,944. looks to be down for the week. nasdaq slipped to 3165. the irs is cracking down on criminals who use stolen identities to seek thousands of dollars in tax refunds. the agency says a january sweep of 32 states and puerto rico found nearly 400 identity theft suspects including more than 100 that were arrested. the number of investigations tripled last year centering on high-risk cities such as san francisco, l.a., new york and miami. the irs says it is investigating in-house filters that were what helped prevent $20 billion in would-be fraudulent tax refunds last year. big problem these days. big problem for health care. some people use your number to go get health care and then you're stuck with the bill. you have to be very careful about your data. back to you. >> big problem and big dollars. 20 billion in fraud. we'll keep our eye on that one. thank you very much. >>> keeping an eye on the forecast. our cold and wet weather to the start of the week
today we'll get more data on the economic front on the trade deficit and wholesale trade. the dow losing 42 points to 13,944. looks to be down for the week. nasdaq slipped to 3165. the irs is cracking down on criminals who use stolen identities to seek thousands of dollars in tax refunds. the agency says a january sweep of 32 states and puerto rico found nearly 400 identity theft suspects including more than 100 that were arrested. the number of investigations tripled last year centering on...
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Feb 4, 2013
02/13
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we need it at this point we're starting to run a deficit in terms of your average total. we'll be on top of that for you. mike is all over your morning drive. >> good morning. deficit in the number of cars on the road. we don't mind that. keeps things moving smoothly. picking up volume now. a new crash just behind that 87 here north 101 at 87. a report of a crash there. sounds like everything is out of the lanes. i'll track that for the south bay. no big whoop as far as northbound commute direction or southbound for that matter. over here, a little build for your folks coming out of the altamont pass. holding steady and clearing as far as slowing in toward the dublin interchange. there is your commute route. no slowing again except for a minor buildup. you have to slow for the bend. we'll take folks over to the san mateo bridge and point out a couple things. smoother drive but a few more cars and they disappear as low clouds and fog make the high-rise view disappear here. on the foster city side, peninsula, look at this. i can't see the folks coming off the bridge. i can
we need it at this point we're starting to run a deficit in terms of your average total. we'll be on top of that for you. mike is all over your morning drive. >> good morning. deficit in the number of cars on the road. we don't mind that. keeps things moving smoothly. picking up volume now. a new crash just behind that 87 here north 101 at 87. a report of a crash there. sounds like everything is out of the lanes. i'll track that for the south bay. no big whoop as far as northbound commute...
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Feb 8, 2013
02/13
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. >>> and new into the newsroom this morning, america's trade deficit with china fell quite a bit suggesting strong american manufacturing. that's good news but it doesn't jive with latest gdp numbers. economists will have to figure this one out. discouraging gdp numbers could be wrong. >>> the president met with house democrats on thursday to give them a preview of the state of the union. he'll be giving that next week including calls for green energy and immigrants here hope he'll push for reform in immigration. we've talked about this. skilled workers who struggle to get visas to stay in america despite the fact they are building companies. this is an italian who can't get a visa but he hopes he can find another way to stay. >> enabling any entrepreneur from all over the world to come to this country and maybe give them six to nine months, probably a year, just to prove their concept and see if at the end of the year they have, let's say, high 1%, they're good to go. >> he'll be my guest on "press: here" after "meet the press" this sunday. >> thank you very much. >>> time now 6:17. christ
. >>> and new into the newsroom this morning, america's trade deficit with china fell quite a bit suggesting strong american manufacturing. that's good news but it doesn't jive with latest gdp numbers. economists will have to figure this one out. discouraging gdp numbers could be wrong. >>> the president met with house democrats on thursday to give them a preview of the state of the union. he'll be giving that next week including calls for green energy and immigrants here hope...
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Feb 9, 2013
02/13
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cuts set to kick in march 1st, meant to be so egregious that lawmakers have to come to an agreement on deficit reduction. that has not happened and time is running out. >> if the sequester goes forward, thousands that work in national security, education, or clean energy are likely to be laid off. >> reporter: the cuts would amount to a 13% reduction to the military. >> this will badly damage our national defense and compromise our ability to respond to crises in a dangerous world. >> reporter: in washington, it's the same old sticking point, with the president insisting that the deal include new taxes. >> we sure as heck should be willing to ask, those of us who are luckiest in this society, to close a few loopholes and deductions that the average american doesn't get. >> reporter: republicans say it's time to reform entitlements and cut spending. >> there is a better way to lower the deficit. but americans do not -- do not support sacrificing real spending cuts for more tax hikes. >> i think the chances of a deal to avert the sequester are less than 50/50, you are looking at a short time fra
cuts set to kick in march 1st, meant to be so egregious that lawmakers have to come to an agreement on deficit reduction. that has not happened and time is running out. >> if the sequester goes forward, thousands that work in national security, education, or clean energy are likely to be laid off. >> reporter: the cuts would amount to a 13% reduction to the military. >> this will badly damage our national defense and compromise our ability to respond to crises in a dangerous...
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Feb 12, 2013
02/13
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energy, education, national security and the deficit, real achievable plans that will lead to new jobs. >> reporter: tonight's new state of the union come just two weeks before budget showdowns. on march 1st, a series of draconian spending cuts both sides want to avoid but will kick in if nothing is done. then on march 30th the government completely runs out of funding. the arguments from both sides remain largely the same from previous budget impasses, the president pushing for tax hikes on the wealthy. republicans insisting on major spending cuts. >> the president will actually have to move beyond the gimmicks and the taxes and propose real spending reductions. >> reporter: despite the economic focus, the issue of guns, especially the memory of newtown, will loom over the house chamber. with lawmakers inviting guests from both sides of the gun debate, from former rock star ted nugent on one side including former congresswoman gabby giffords who also stars in this ad. >> take it from me, congress must act. let's get this done. >> reporter: tonight there will be a lot of acting cabinet
energy, education, national security and the deficit, real achievable plans that will lead to new jobs. >> reporter: tonight's new state of the union come just two weeks before budget showdowns. on march 1st, a series of draconian spending cuts both sides want to avoid but will kick in if nothing is done. then on march 30th the government completely runs out of funding. the arguments from both sides remain largely the same from previous budget impasses, the president pushing for tax hikes...
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Feb 8, 2013
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. >> reporter: the president will largely focus his attention on immigration reform and deficit reduction exactly one week ahead of his state of the union address. >>> a tragic story. new details on the death of a new york city mom murdered in turkey. >> she was supposed to come back and she didn't. >> they must have luck on their side. ste stephen and terri weaver were on a weekend getaway and returned with two lottery tickets. are you kidding me? >> couldn't believe we won twice. couldn't believe we had won as much as we did. >> jesse, will you come out? >> a gentleman never kisses and tells. >> pucker up. all right. >> loser pays up. boy, is al roker paying right now. >> here's what's happening in your neck of the -- your neck of the woods. >> l.a. reid, the music mogul and jennifer hudson. >> katharine mcphee is inside our studio warm and toasty. >> you remember her, tiffani thiess thiessen, of "saved from the bell." >> john harbaugh is with us from new orleans. >> we were watching your show in the room. you guys do a great job. we love your show. >> yes, there are men on trampolines
. >> reporter: the president will largely focus his attention on immigration reform and deficit reduction exactly one week ahead of his state of the union address. >>> a tragic story. new details on the death of a new york city mom murdered in turkey. >> she was supposed to come back and she didn't. >> they must have luck on their side. ste stephen and terri weaver were on a weekend getaway and returned with two lottery tickets. are you kidding me? >> couldn't...
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Feb 5, 2013
02/13
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the president will largely focus his attention on immigration reform and deficit reduction exactly one week ahead of his state of the union address. president obama is juggling a full plate of proposals on guns and immigration. homeland security secretary janet napolitano on monday toured border security operations in san diego. >> we are committed to making sure this sector and the entire southwest border remains secure. >> reporter: a key piece of the president's plan for immigration reform that allowed estimates 11 million undocumented immigrants living in the u.s. to earn citizenship. on monday he took his push for tougher gun laws to minneapolis, the city known as murderopolis in the mid '90s, before a crackdown sharply reduced the violence. >> weapons of war have no place on our streets or in our schools or threatening our law enforcement officers. >> reporter: against the backdrop of those officers, president obama urged supporters to call on congress to act. >> we don't have to agree on everything to agree it's time to do something. >> reporter: while both sides largely agree w
the president will largely focus his attention on immigration reform and deficit reduction exactly one week ahead of his state of the union address. president obama is juggling a full plate of proposals on guns and immigration. homeland security secretary janet napolitano on monday toured border security operations in san diego. >> we are committed to making sure this sector and the entire southwest border remains secure. >> reporter: a key piece of the president's plan for...